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Apr 9, 2012
04/12
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we are talking about the deficit must leave. we were talking about how we had different ideas on how to go about that. it got pretty heated. i was standing up on occasion. >> where your hands? >> i grab my napkin occasionally. i cannot look at him anymore. at the end of it, he stood up. he gave me an "i love you." we have different views but it will not be the end of the world. i think that is something that needs to be more present in our political system. >> was either you on? -- what side are you on? >> on one of the big issues is that we see it as a linear game. i see it much more as a three- dimensional thing. i do not like to put myself in a box. >> need to find out what channing thinks. >> i'm from georgia. >> what happened last night? >> he said he got upset. i usually did not get upset. that is usually a sign that you're losing an argument. [laughter] [applause] it is usually a sign of weakness. i stay pretty calm and collected. >> congratulations. who else? would need to talk to people we have not talked to. >> i am fr
we are talking about the deficit must leave. we were talking about how we had different ideas on how to go about that. it got pretty heated. i was standing up on occasion. >> where your hands? >> i grab my napkin occasionally. i cannot look at him anymore. at the end of it, he stood up. he gave me an "i love you." we have different views but it will not be the end of the world. i think that is something that needs to be more present in our political system. >> was...
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Jun 14, 2012
06/12
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look, we have no choice whether we pay down our deficit. but we do have a choice about how we pay down our deficit. we do have a choice about what we can do without and where our priorities lie. i don't believe that giving someone like me a $250,000 tax cut is more valuable to our future than hiring transformative teachers or provide financial aid to the children of a middle class family. i don't believe that tax cut is more likely to create jobs than providing loans to new entrepreneurs or tax credits to small business owners who hire veterans. i don't believe it's more likely to spur economic growth than investments in clean energy technology and medical research or in new roads and bridges and runways. i don't believe that giving someone like mr. romney another huge tax cut is worth ending the guarantee of basic security we've always provided the elderly and the sick and those who are actively looking for work. those things don't make our economy weak. what makes our economy weak is when fewer and fewer people can afford to buy the goods
look, we have no choice whether we pay down our deficit. but we do have a choice about how we pay down our deficit. we do have a choice about what we can do without and where our priorities lie. i don't believe that giving someone like me a $250,000 tax cut is more valuable to our future than hiring transformative teachers or provide financial aid to the children of a middle class family. i don't believe that tax cut is more likely to create jobs than providing loans to new entrepreneurs or tax...
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Dec 19, 2012
12/12
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more than any other deficit-reduction package. we will have stabilized it for 10 years. that is a significant achievement. for achievement what they should be proud of it, but they keep finding ways to say no as opposed to finding ways to say yes. i don't know how much of that has to do with it is hard for them to say yes to me. but at some point they've got to take me out of it and think about their voters and think about what is best for the country. if they do that, if they're not worried about steele's winning and who's losing, that they score a point on the president, that they extract that last force concession, -- d him to do something he really does not want to do, for the heck of it, and actually focus on what's good for the country, i think we can get something done. >> are you willing to move on an income level? >> i will not get into specific negotiations. my point is it simply, if you look at speaker boehner's proposal and look at my proposal, they are pretty close. they keep on saying somehow we have not put forward
more than any other deficit-reduction package. we will have stabilized it for 10 years. that is a significant achievement. for achievement what they should be proud of it, but they keep finding ways to say no as opposed to finding ways to say yes. i don't know how much of that has to do with it is hard for them to say yes to me. but at some point they've got to take me out of it and think about their voters and think about what is best for the country. if they do that, if they're not worried...
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Feb 11, 2012
02/12
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we passed a budget that bridged a $3.5 billion deficit. we implemented a budgeting gap, saving taxpayers $21.5 billion over the next 20 years and we cut spending by $1.7 billion and we raised revenue. just last week we announced a committee to increase pension payments, a move that will avoid a balloon payment in 20 years and one that will save taxpayers nearly $6 billion over the next 20 years. we've set our state on a road to recovery and while i know we still have a long way to go, we are seeing signs of improvement. our unemployment rate has fallen to 8.2%, the lowest point in 2 1/2 years and by over 1% during the last year. the last -- during the last year we also experienced job growth, 9,000 new jobs for the first time since 2008. in connecticut, as is the case across the nation, the issue obviously remains job creation. one of the first actions we took on the jobs front was an initiative called first five. first five is designed to attract development projects by augmenting and combining the best tax credit programs for the first f
we passed a budget that bridged a $3.5 billion deficit. we implemented a budgeting gap, saving taxpayers $21.5 billion over the next 20 years and we cut spending by $1.7 billion and we raised revenue. just last week we announced a committee to increase pension payments, a move that will avoid a balloon payment in 20 years and one that will save taxpayers nearly $6 billion over the next 20 years. we've set our state on a road to recovery and while i know we still have a long way to go, we are...
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Feb 2, 2012
02/12
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you can't have such a lousy economy and cut the deficit in half. so in other words, would you be in favor of continuing the tax cuts that are in place in order to not damage the economy? >> well, not for the high-end folks. i think the buffett rule and what the president is promoting with that, i think should happen. you know, folks have been doing very, very well. and it's -- the way the current system is set up is inhumane. what we have going on in our country right now, and it's time we stop and just say it. it's inhuman what's happening, what some families have to go through in the united states of america in some of our major cities and some of our rural areas. and to think that somehow warren buffett or some of these others can't contribute a little bit more in order to help us pay down the deficit. i have republicans in my district who don't pay that close of attention to the daily workings of congress say why don't you guys just raise taxes on those who make more than a million dollars a year. and i say that's exactly what we're trying to d
you can't have such a lousy economy and cut the deficit in half. so in other words, would you be in favor of continuing the tax cuts that are in place in order to not damage the economy? >> well, not for the high-end folks. i think the buffett rule and what the president is promoting with that, i think should happen. you know, folks have been doing very, very well. and it's -- the way the current system is set up is inhumane. what we have going on in our country right now, and it's time...
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Dec 18, 2012
12/12
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WUSA
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their talks included a deficit reduction package that would increase taxes on people making more than $400,000 a year and cuts in health care spending programs. a new poll by usa today finds 66% of americans think both men should compromise to get us to an agreement. >>> today virginia governor outlines the changes he wants to make. new spending would cover medicaid, $128.2 million for virginia's rainy day fund and $58 million for a 2% raise for teachers, principals, librarians and instructal aids. >>> they debated aid for hurrice sandy victims into the night but didn't have a vote. they are trying to push through an aid package before christmas. several republicans say while they are sympathetic they say a smaller aid package. montgomery and carol counties in maryland were added to the list of those designated as disasters after the storm freeing up federal aid in those areas. again, we are waiting for a vote. >>> fall was a big problem at the airport today. dozens of flights cancelled or delayed assault of low visibility. does the fog lift by morning? topper, it was a little bit tou
their talks included a deficit reduction package that would increase taxes on people making more than $400,000 a year and cuts in health care spending programs. a new poll by usa today finds 66% of americans think both men should compromise to get us to an agreement. >>> today virginia governor outlines the changes he wants to make. new spending would cover medicaid, $128.2 million for virginia's rainy day fund and $58 million for a 2% raise for teachers, principals, librarians and...
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Dec 27, 2012
12/12
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CNNW
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health care, the biggest add to our deficit in this country is rising health care costs. do we need to tackle those? how do they interact with the changes that are going to be set up across the country. is it going to cost the taxpayer more or less? all those have to be in the realm of realistic facts and figures. >> you're in arizona today. many of your constituents worked over the holidays. do you think congress should have stayed in washington to work together for an agreement? >> absolutely. absolutely. once you know, once the boehner plan b collapsed, all we got was a notification, you can go home, we'll call you when we're ready. >> boehner's got to get off the majority of the majority must agree to something. it's going to take democratic votes to pass a tough fiscal compromise and unless there is inclusion and discussion on both sides of the aisle about this issue, that compromise gets tougher and tougher. >> thank you for coming "outfront." >> appreciate it. thank you. >> now, on the other side of the aisle. congressman, you just heard your arizona colleague say
health care, the biggest add to our deficit in this country is rising health care costs. do we need to tackle those? how do they interact with the changes that are going to be set up across the country. is it going to cost the taxpayer more or less? all those have to be in the realm of realistic facts and figures. >> you're in arizona today. many of your constituents worked over the holidays. do you think congress should have stayed in washington to work together for an agreement?...
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Feb 15, 2012
02/12
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CSPAN2
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this year's deficit will be the fourth consecutive deficit in excess of $1 trillion. meanwhile, medicare and social security for which the president proposes no reforms will comet on the path of insolvency, and if this was not bad enough, no serious solution to the serious problem, the white house dlitly misrepresented the budget to the american people. the intent seems to be to lull them into complacency and claims his budget achieves $4 trillion in deficit reduction over ten years. i guess we should all relax. .. avoiding short-term cuts in favor of long-term savings so that is the mantra and the chairman mentioned it but there are no spending cuts, short or long in this budget. now the chief of staff me another false claim this weekend saying that the democratic senate is not doing a budget for the third straight year because it requires 60 senate votes. the law is clearly only takes 61 votes to pass the budget and if the republicans get the honor by the american people to leave this chamber next year we will pass a budget and will be an honest budget and will chan
this year's deficit will be the fourth consecutive deficit in excess of $1 trillion. meanwhile, medicare and social security for which the president proposes no reforms will comet on the path of insolvency, and if this was not bad enough, no serious solution to the serious problem, the white house dlitly misrepresented the budget to the american people. the intent seems to be to lull them into complacency and claims his budget achieves $4 trillion in deficit reduction over ten years. i guess we...
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Dec 19, 2012
12/12
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FOXNEWSW
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major $4 trillion deficit deal. the president tried to tell the public it should not be about him. >> they find ways to say no. as opposed to finding ways to say yes. i don't know how much has to do with it's hard for them to say yes to me. >> that is shortly after the president said it was about him. and the wing re-election message about taxing the rich. >> we had extensive debate about this for a year. not only does majority of the american people agree with me, half of the republican voters agree with me on this. >> after the president's 35-minute news conference boehner responded in over 50 seconds. >> tomorrow, the house will pass legislation to make permanent tax relief for nearly every american. 99.81% of the american people. then the president has a decision to make to call on the senate democrats to pass the bill. or be responsible for the largest tax increase. >> boehner facing a big problem with his plan to raise tax rates on income above $1 million. despite claims by gop leaders it's not even clear he c
major $4 trillion deficit deal. the president tried to tell the public it should not be about him. >> they find ways to say no. as opposed to finding ways to say yes. i don't know how much has to do with it's hard for them to say yes to me. >> that is shortly after the president said it was about him. and the wing re-election message about taxing the rich. >> we had extensive debate about this for a year. not only does majority of the american people agree with me, half of the...
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Mar 25, 2012
03/12
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CSPAN2
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action on the deficit, concerned about the deficit, concerned about the economy. i think they understand that the two go together and that the day will come very soon when we have got said deal with the deficit. they want to make sure the country remain safe, but they also, i think, happy that we are getting out of our foreign entanglements. i think they feel that we have problems your home that we need to be addressing. that like to see political leaders being more responsive. i do think they are concerned about fairness. as it relates to the tax cut and to the benefits that the wealthy and the leaves get that they don't feel they're getting. so i think these are all issues, you know, that they would like to see congress and the president address. >> host: let's talk about congress and the president or the presidency. let's start with congress. so why do you think it has become? the money, ideology, you know, the kind of partisanship that started in the 90's? all of those things, of course, but what is the main thing to you? >> guest: i think you have hit all of
action on the deficit, concerned about the deficit, concerned about the economy. i think they understand that the two go together and that the day will come very soon when we have got said deal with the deficit. they want to make sure the country remain safe, but they also, i think, happy that we are getting out of our foreign entanglements. i think they feel that we have problems your home that we need to be addressing. that like to see political leaders being more responsive. i do think they...
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that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked all her life, put in this money, and understood that there was a basic guarantee under which she could not go. that's the perspective i bring when i talk about what's called entitlements. the name implies some sort of dependency on the part of folk. these are folks that have worked hard, like my grandmother and millions are counting on this. my approach is to say how do we strengthen the system over the long term? in medicare, what we did, we said we are going to have to bring down the costs if we are going to deal with long-term deficits. to
that's the big driver of our deficits right now. my grandmother, some of you know, helped to raise me, and my grandparent did. my grandfather died a while back. my grandmother died three days before i was elected president. she was fiercely independent. only with a high school education, started as a secretary and ended up being vice president of a local bank. she ended up living alone by choice, and the reason she could be independent was because of social security and medicare. she had worked...
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127
Oct 7, 2012
10/12
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CSPAN
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eye 127
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adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who goes to college, which means they spend more money. calls for a $5 trillion cut. he is saying he will pay for it deductions. he has been asked how he would deductions. them. when you add up all the loopholes and deductions that all away. you do not come close to paying for $5 trillion. that is why independent studies looking at this said the only way to meet governor romney's deficit or not adding to theclass families. where people at the top are doing well while middle-class families are burdened further, that is not what i believe is a recipe for economic growth. >>
adds to the deficit. deficit. i want to reduce the burden americans. i cannot reduce the burden paid by high-income americans. not accurate. >> let's talk about taxes. it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is what i did. we cut taxes for middle-class families by about $3,600. we do best when the middle class is doing well. they are in a better position to through. they can buy a computer for their kid who...
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>> he did say he doesn't want to see the deficit go up. i think in implicit in what governor romney was saying if you have more economic growth, you solve a lot of problems. i mean the cbo, the congressional budget office has been assuming about 2.2% growth rate when the historical average of the united states is 3.7. that extra 1.5% makes a lot of difference when it comes to growing your way out of the deficit and also getting back to jobs and reducing unemployment which governor romney kept hammering on, unemployment above 8% for pushing four years now. that's a big deal. connell: jim pinkerton and dagen is right a lot of tax talk last night. thanks for coming in with us today. we appreciate it. dagen: nerds unite. we're open for business in cleveland. connell: absolutely. all day long, one of the newest businessman in that city, the new owner of the cleveland browns, he will join our own liz claman coming up next. ♪ think it's weird to collect air? you wouldn't think so if you saw what your lungs collect every time you breathe. protec
>> he did say he doesn't want to see the deficit go up. i think in implicit in what governor romney was saying if you have more economic growth, you solve a lot of problems. i mean the cbo, the congressional budget office has been assuming about 2.2% growth rate when the historical average of the united states is 3.7. that extra 1.5% makes a lot of difference when it comes to growing your way out of the deficit and also getting back to jobs and reducing unemployment which governor romney...
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Nov 12, 2012
11/12
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CSPAN
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i kim osborne to ask students and seniors in middle-class families to pay down the entire deficit while people like me, making over $250,000 are not asked more in taxes. >> the current congress still has work to do in the claim that session. session. duck follow all the floor debates, starting tuesday at 2:00 p.m., eastern. >> this morning, national journal correspondent for immigration reform. later, the
i kim osborne to ask students and seniors in middle-class families to pay down the entire deficit while people like me, making over $250,000 are not asked more in taxes. >> the current congress still has work to do in the claim that session. session. duck follow all the floor debates, starting tuesday at 2:00 p.m., eastern. >> this morning, national journal correspondent for immigration reform. later, the
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Dec 19, 2012
12/12
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WUSA
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eye 80
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and speaker of the house continue to say they want a big deal that makes a real long-term dent in the deficit and keeps everyone's income taxes from going up in two weeks but they don't have a deal yet and it does not appear tonight that they're close. so speaker of the house john boehner is proposing a fall back plan, plan b, that kills most of the scheduled tax increases. >> our plan b would protect american taxpayers who make a million dollars or less. and have all of their current rates extended. >> reporter: president obama had campaigned on a plan to raise the taxes of those making more than $250,000 or more. but he's offered republicans a scaled-back proposal, limiting tax increases only to those making $400,000 or more. >> the president has already moved exactly halfway on revenue. and more than halfway on spending cuts. so that is by definition what compromise is about. >> reporter: boehner says not good enough. >> we do not have a balanced plan when the president's calling for $1.3 trillion in revenue and only willing to put $850 billion worth of cuts over ten years. >> reporter: bo
and speaker of the house continue to say they want a big deal that makes a real long-term dent in the deficit and keeps everyone's income taxes from going up in two weeks but they don't have a deal yet and it does not appear tonight that they're close. so speaker of the house john boehner is proposing a fall back plan, plan b, that kills most of the scheduled tax increases. >> our plan b would protect american taxpayers who make a million dollars or less. and have all of their current...
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Oct 4, 2012
10/12
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CURRENT
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no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president. >> obama: let's talk about taxes, because i think it's instructive. now four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes for middle class families by about $3,600 and the reason is because i believe that we do best when the middle class is doing well and by giving them those tax cuts they had a little more money in their pocket, so maybe they can buy a new car, they are certainly in a better position to weather the extraordinary recession we were in to. they are spending more money. businesses have more customers, make more profits, and hire more workers. now governor romney's proposal calls for a $5 trillion tax cut on top of $2 trillion of additional spending
no tax cut that adds to the deficit. but i do want to reduce the burden being paid by middle income americans, and to do that, that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. >> mr. president. >> obama: let's talk about taxes, because i think it's instructive. now four years ago when i stood on this stage, i said that i would cut taxes for middle class families, and that's exactly what i did. we cut taxes...
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95
Feb 1, 2012
02/12
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CSPAN3
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eye 95
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economy very clearly, talking to any michigan employer, is the challenge of dealing with the federal deficit here. and that is an issue that needs to be resolved because as a former businessperson myself, the number one thing you want from government is certainty and confidence that you know what you're dealing with. and if you don't know what the rules are, you're not going to take undue risk. and this is a risk sitting out there for all our employers. so i really encourage washington to address that issue, because that is holding back job creation in our state. >> absolutely. and the lack of customers is also holding back -- >> the gentle lady's time has expired. dr. heck? >> thank you, mr. chairman. thanks to both of you for being here today. i appreciate your testimony. governor snyder, i was really interested if your comments on workforce investment in your job connection program. being one of the -- having the companion bill to go along with -- the question i have is how were you able or what kind of response did you get to the idea that we were going to have to move people from the jo
economy very clearly, talking to any michigan employer, is the challenge of dealing with the federal deficit here. and that is an issue that needs to be resolved because as a former businessperson myself, the number one thing you want from government is certainty and confidence that you know what you're dealing with. and if you don't know what the rules are, you're not going to take undue risk. and this is a risk sitting out there for all our employers. so i really encourage washington to...
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for a five trillion dollar tax cut what i've said is i won't put in place a tax cut that adds to the deficit that's part one so there's no economist can say mitt romney's tax plan adds five trillion if i say i will not add to the deficit with my tax plan the fact is that if you are lowering the rates the way you described governor then it is not possible to come up with enough dutchman's loopholes that only affect high income individuals to avoid either raising the deficit or burdening the middle class it's it's math it's arithmetic. well a confrontation between the candidates with elevated in the second debate especially when talking about the benghazi attack. the day after the attack governor i stood in the rose garden and i told the american people in the world that we were going to find out exactly what happened that this was an act of terror and i also said that we're going to hunt down those who committed this crime the suggestion that anybody in my team well the secretary of state our u.n. ambassador anybody on my team would play politics or mislead when we've lost four of our own gov
for a five trillion dollar tax cut what i've said is i won't put in place a tax cut that adds to the deficit that's part one so there's no economist can say mitt romney's tax plan adds five trillion if i say i will not add to the deficit with my tax plan the fact is that if you are lowering the rates the way you described governor then it is not possible to come up with enough dutchman's loopholes that only affect high income individuals to avoid either raising the deficit or burdening the...
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Oct 4, 2012
10/12
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MSNBCW
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said you'd cut the deficit in half, it's now four years later, we have $1 trillion deficits, the cbo says we'll have a $1 trillion deficit each of the next four years. if you're re-elected, we'll get to a $1 trillion debt. and i love this idea of $4 trillion in cuts. you found $4 trillion of ways to get closer to a balanced budget, yet we still show $1 trillion deficits every year. that doesn't get the job done. let me come back and say, why is it that i don't want to raise taxes. well, i don't want to raise taxes on people. and you said it back in 2010. you said, i'm going to extend the tax policies that we have. i'm not going to raise taxes on anyone, because when the economy is growing slow like this, when we're in recession, you shouldn't raise taxes on anyone. well, the economy is still growing slow. as a matter of fact, it's growing much more slowly now than when you made that statement. so if you believe the same thing, you just don't want to raise taxes on people, and the reality is, it's not just wealthy people. you mentioned donald trump. it's not just donald trump you're t
said you'd cut the deficit in half, it's now four years later, we have $1 trillion deficits, the cbo says we'll have a $1 trillion deficit each of the next four years. if you're re-elected, we'll get to a $1 trillion debt. and i love this idea of $4 trillion in cuts. you found $4 trillion of ways to get closer to a balanced budget, yet we still show $1 trillion deficits every year. that doesn't get the job done. let me come back and say, why is it that i don't want to raise taxes. well, i don't...
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Dec 18, 2012
12/12
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FBC
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neil: part of it is hard choices. >> deficit reduction is on talking bout. it's all there. neil: all right, thank you, congressman, thank you very much. after the break, a private powwow at the white house. the president is backed into a corner. the economy may go off the cliff. neil: if they are still talking, a deal must be in the works. john boehner met at the white house with the president today. great news, right? not necessarily. we have the former secretary to george w. bush. >> good evening. i think in politics, as well as business, leaders have to address both the urgent and important. the urgent is to avoid going over the fiscal cliff. but that really is just a down payment on the important issue. that is the former fiscal foundation and then building on top of that policy that produces growth and opportunity and jobs. if we simply see a deal on taxes alone, i don't think addresses this as well as entitlement cuts and taxes. neil: i don't know about that, sir, in this environment where there is finger-pointing or blaming, it is greeted poorly. rightly so among ame
neil: part of it is hard choices. >> deficit reduction is on talking bout. it's all there. neil: all right, thank you, congressman, thank you very much. after the break, a private powwow at the white house. the president is backed into a corner. the economy may go off the cliff. neil: if they are still talking, a deal must be in the works. john boehner met at the white house with the president today. great news, right? not necessarily. we have the former secretary to george w. bush....
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Oct 7, 2012
10/12
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FOXNEWSW
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eye 138
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we have trillion-dollar deficits. the cbo says we will have a trillion-dollar deficit the next four years. have you said before you would cut the deficit in half. i love this idea of $4 trillion in cuts, ways to reduce or get closer to a balanced budget, but we show trillion life dollar exe two men on that. welcome back to the university of denver. behind me in the hall, on the debate floor, the people are milling about. now the action is over with bret in spin alley. but first, we want to go to chris wallace, who is in wash wawash with his own take on how the night went. chris? >> reporter: hey. you know, i have been thinking and trying to put it in historical context, what tonight reminded me of more than any other debate, the first kerry/bush debate, where john kerry took the battle to george bush. and bush, the president, seemed very uneasy, didn't seem comfortable and like he wanted to be challenged. that's wha >>> look. i got five boys. i'm used to people saying something that is not always true but keep repeati
we have trillion-dollar deficits. the cbo says we will have a trillion-dollar deficit the next four years. have you said before you would cut the deficit in half. i love this idea of $4 trillion in cuts, ways to reduce or get closer to a balanced budget, but we show trillion life dollar exe two men on that. welcome back to the university of denver. behind me in the hall, on the debate floor, the people are milling about. now the action is over with bret in spin alley. but first, we want to go...
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Nov 20, 2012
11/12
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MSNBCW
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eye 120
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that results in deficits in the future that are debt to gdp ratio begins to decline. we'll get a deal, but we need a good deal. if we get the good deal then we'll have a good economy. the only thing separating our economy from much stronger growth, more jobs and declining unemployment is this budget deal. so, you know, that's all we need to do. it's hard to do politically. but economically, that's, you know, we have to do it. >> but, you know, mark, a key in determining what the deal is going to look like is how we approach whether it's through the media or the political class in general is how broaapproach looming deal. to get the republicans to give in for the tax rates for the wealthy for those over $250,000, if they get beyond january 1st they have the leverage to force that, maybe more leverage than they have now. a lot of pressure from republicans and i would say from the third-way types that are interested in making radical changes to the social safety net, a lot of pressure there to say we can't ever go past january 1st, it would be a disaster. but i think i s
that results in deficits in the future that are debt to gdp ratio begins to decline. we'll get a deal, but we need a good deal. if we get the good deal then we'll have a good economy. the only thing separating our economy from much stronger growth, more jobs and declining unemployment is this budget deal. so, you know, that's all we need to do. it's hard to do politically. but economically, that's, you know, we have to do it. >> but, you know, mark, a key in determining what the deal is...
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Jun 14, 2012
06/12
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CSPAN3
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eye 112
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you will never reform our schools, cut our deficits, deal with our economic problems and all the rest of it. when i say this is partly what i mean is that the politician and particularly prime ministers and cabinet ministers have got to get out of the 24-hour news cycle, not try and fight every hourly battle, and focus on long-term issues and be prepared sometimes to take a hit on a story that didn't respond to so quickly. i did, actually, on getting into number ten entry, try to do that. not always so successful. that is part of what i mean by distance. not sitting under a 24-hour news television screen looking at the ticker and worrying about what's happening every hour. if you do that, you get completely buried by the daily news agenda. >> let's say a bit more distance could relate to the quantity of engagement and you told us about that. but it also could relate to the quality of individual engagements with journalists. are we agreed? are we also agreed that in that second then we need in john ma major's term, each party, each side have a proper understanding of what is appropriat
you will never reform our schools, cut our deficits, deal with our economic problems and all the rest of it. when i say this is partly what i mean is that the politician and particularly prime ministers and cabinet ministers have got to get out of the 24-hour news cycle, not try and fight every hourly battle, and focus on long-term issues and be prepared sometimes to take a hit on a story that didn't respond to so quickly. i did, actually, on getting into number ten entry, try to do that. not...
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Sep 9, 2012
09/12
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CSPAN
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eye 137
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reduction, if we take unemployment under 7%, we know that that will take care of a third of the deficit. there is no single larger bullet. think about where we will be long term. we can do that. we have seen the nuggets of a plan that has been out there -- whether it is the minute she -- domenici, simpson-bowles. van hollen. we should be staying in congress until we put everybody back to work and resolve all lot of these artificial issues like the debt ceiling, something naira -- neither president reagan, president bush the younger, president clinton, or george w. bush had to deal with because congress understood implicitly that that was an important thing to do to make sure we honored our debt and had very little to do with the current debt. we saw this last summer. that has got to be avoided. i believe -- >> on that point -- >> i believe we will come together during this lame duck session because they recognize the magnitude of this. some will be leaving congress. some will be leaving because they are going to retire. others in voluntarily. i hope they understand the magnitude of what
reduction, if we take unemployment under 7%, we know that that will take care of a third of the deficit. there is no single larger bullet. think about where we will be long term. we can do that. we have seen the nuggets of a plan that has been out there -- whether it is the minute she -- domenici, simpson-bowles. van hollen. we should be staying in congress until we put everybody back to work and resolve all lot of these artificial issues like the debt ceiling, something naira -- neither...
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Oct 4, 2012
10/12
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KTVU
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no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason is because i believe that we do best when the middle- class is doing well. by giving them those tax cuts, they have more money in their pocket. maybe it does not buy new car. they are in a better position to weather the extraordinary recession we went through. they may be able to buy new computer for their kid who is going off to college. governor romney's proposal that he has been promoting for 18 months calls for of five trillion dollars tax cut on top of $2 trillion of additional spending for our military. he is saying he is going to p
no tax cut that adds to the deficit. i do want to reduce the burden being paid by middle income americans. that also means i cannot reduce the burden paid by high-income americans. any language to the contrary is simply not accurate. -p>> let's talk about taxes, because i think it is instructive. four years ago when i stood on the stage, i said that i would cut taxes for middle-class families. that is exactly what i did. we cut taxes for middle-class families by about $3,600. the reason...
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Dec 18, 2012
12/12
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FOXNEWS
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it runs a deficit. deficit is a one-year shortfall that has to be made up by borrowing. the national debt total accumulated debt is the sum of all the annual deficits. less any surplus. it's the running count. we hear politicians talk about deficits and the debt all the time. >> the debt. >> deficit. >> debt. >> deficit. >> bret: how to get politicians to come to some agreement to get the debt clock slow down or tick back the other way continues to be the challenge. but first, where we have been. >> take a look at the debt through history. the amount we owe ebbed and flowed. over country of spending more than it takes in, is nothing new. 1835 saw the lowest recorded debt at $34,000 under president andrew jackson. unsuccessful assassination attempt on him that year. 1865, president that did perish from such an attack, president lincoln oversaw a debt of $3 billion. >> black tuesday, the most devastated stock market crash in history of the united states, it rose to $17 billion then. then came world war ii. expensive one. by "d" day in 1945, the debt ballooned to $259 billi
it runs a deficit. deficit is a one-year shortfall that has to be made up by borrowing. the national debt total accumulated debt is the sum of all the annual deficits. less any surplus. it's the running count. we hear politicians talk about deficits and the debt all the time. >> the debt. >> deficit. >> debt. >> deficit. >> bret: how to get politicians to come to some agreement to get the debt clock slow down or tick back the other way continues to be the...
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Nov 6, 2012
11/12
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WTTG
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eye 141
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and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. but to me, it's money that i earned. i'm mitt romney, man: to some people, social security is just a number. i count on social security. and i don't want washington politicians like george allen... privatizing it. if george allen wants to risk his own money on wall street... that's fine. but i don't want him risking mine. george allen just isn't watching out for us. anncr: the democratic senatorial campaign committee is... responsible for the content of this advertising. >>> our election day coverage continues right now with spotlight on ohio and its 18 electoral votes. early voting started in early october. and i guess you could say it never ended cause it could -- you can
and we face this deficit -- could crush the future generations. and republicans and democrats both love america but we need to have leadership -- leadership in washington that will actually bring people together and get the job done and could not care less if it's a republican or a democrat. i've done it before, i'll do it again. i'm mitt romney, and i approve this message. but to me, it's money that i earned. i'm mitt romney, man: to some people, social security is just a number. i count...
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Sep 27, 2012
09/12
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WJLA
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next, we've got to balance the budget you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobobs in four years. i'm mitt romney and i approve this message.
next, we've got to balance the budget you've got to cut the deficit. you've got to stop spending more money than we take in. and finally champion small business. have tax policies, regulations, and healthcare policies that help small business. we put those in place; we'll add twelve million new jobobs in four years. i'm mitt romney and i approve this message.
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minute meeting for weeks republicans and democrats have been trying to reach a deal on how to reduce the deficit if they don't though billions of dollars in tax hikes come into effect on january the first a journalist on the bar says it's not the deadlock that's the worry but rather what's already been agreed upon. the real problem in my eyes is not the fact that they can't reach an agreement but rather that they have reached an agreement on many fundamental things the grievance they have reached is that neither of them are going to advocate so put more money in the hands of working people they have no problem whatsoever removing a trillion dollars or two trillion dollars from the economy and delivering it to the bankers they did that inside of twenty days back in two thousand and eight and again in two thousand and nine was very little discussion. everyone agrees on both sides of the aisle that sums sort of the reduction in benefits from social security and medicare is inevitable quote unquote well you know the rest of us don't believe that it's inevitable or even that it's necessary and certai
minute meeting for weeks republicans and democrats have been trying to reach a deal on how to reduce the deficit if they don't though billions of dollars in tax hikes come into effect on january the first a journalist on the bar says it's not the deadlock that's the worry but rather what's already been agreed upon. the real problem in my eyes is not the fact that they can't reach an agreement but rather that they have reached an agreement on many fundamental things the grievance they have...
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Apr 30, 2012
04/12
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CSPAN
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eye 349
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they're talking about, believe it or not, budget deficits. they're worried. all of them feel as though we are at a point and that if we don't act now, it's going to be too late. and that's again why all of you are in this room here tonight because you believe that as well. we are at a critical point in our history, and i have all the confidence in the world that mitt romney, who has the skills, the experience, the compassion, the wonderful nature of having to have the good judgment and everything else that you need to be a good president to be able to do what is going to be necessary to turn this country around and to bring some stability to the future. so with that, i am going to tell all of you something tonight, and that is, we are going to win in november. [applause] [cheers and applause] >> so god bless you all for coming here tonight, for helping us make that happen because this is going to be a part of it. connecticut, guess what, you're going to have to fight, too. what a fight it's going to be in this state. i know you believe, too, that even in this
they're talking about, believe it or not, budget deficits. they're worried. all of them feel as though we are at a point and that if we don't act now, it's going to be too late. and that's again why all of you are in this room here tonight because you believe that as well. we are at a critical point in our history, and i have all the confidence in the world that mitt romney, who has the skills, the experience, the compassion, the wonderful nature of having to have the good judgment and...
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Jun 14, 2012
06/12
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. >> he is not responsibility for the ballooning deficit. that is the republicans who quote dined and dashed. >> it's like somebody goes to a restaurant orders a big steak dinner just as you are sitting down they leave and accuse you have running up the tab. >> laura ingram responding to those comments last night on "the o'reilly factor." >> numbers on this are devastating no matter how he parses his words and uses the cute restaurant analogy doesn't change the fact that now we have more money added to our national debt during his 3 and a half years than we had added to the national get. that is a staggering figure. he's right, bush didn't over spend and ov-- did over spend a over spent big. to the country's detriment and their party's detriment. president obama has one upped that. instead of learning from what the republicans did he says i will have another and another. >> it's time now to brew on this. >> shows you a situation before the break from the show "the office." that is all too real for a new york man he got lost after asking suri
. >> he is not responsibility for the ballooning deficit. that is the republicans who quote dined and dashed. >> it's like somebody goes to a restaurant orders a big steak dinner just as you are sitting down they leave and accuse you have running up the tab. >> laura ingram responding to those comments last night on "the o'reilly factor." >> numbers on this are devastating no matter how he parses his words and uses the cute restaurant analogy doesn't change the...
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Oct 4, 2012
10/12
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MSNBCW
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no tax cut that adds to the deficit. but i do want to increase the dividend being paid to middle income americans, so i cannot reduce the burden paid by high-income americans. so any language to the contrary is simply not accurate. >> mr. president? >> well, i think, let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families. and that's exactly what i did. we cut taxes for middle class families by about $3,600. and the reason is, because i believe that we do best when the middle class is doing well. and by giving them those tax cuts, they have a little more money in their pocket. so maybe they can buy a new car. they are certainly in a better position to weather the extraordinary recession that we've went through. they can buy a computer for their kid, who's going off to college. which means they're spending more money, businesses have more customers, businesses make more profits, and then hire more workers. now, govern
no tax cut that adds to the deficit. but i do want to increase the dividend being paid to middle income americans, so i cannot reduce the burden paid by high-income americans. so any language to the contrary is simply not accurate. >> mr. president? >> well, i think, let's talk about taxes, because i think it's instructive. now, four years ago when i stood on this stage, i said that i would cut taxes for middle class families. and that's exactly what i did. we cut taxes for middle...
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Feb 2, 2012
02/12
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eye 153
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we've got to deal with the long-term deficit issue. there is no doubt about it. but if you don't get revenues up, you don't get people back to work, you're not going to have the revenues you need to have long-term deficit reduction. >> the cbo director may provide more clarity in what he was trying to say yesterday. he'll be up on capitol hill before the house committee, your committee at 10:00 a.m. live coverage on c-span 3 this morning. dorothy is a democrat in kansas city, missouri. good ahead, dorothy. >> caller: good morning, c-span. >> good morning. >> caller: and thank you, congressman, for really trying to do the right thing. i am a democrat and i am also a christian. when i see -- i've been here 66 years. and what i see going on is hurting the whole country. most people do want to work. there is always going to be some people that don't want to work. when i got out of high school, i wanted to work and couldn't find a job. i was a very good student. but what i want to say is keep pressing on. clean energy is the way. >> thank you. >> oil is just a way of
we've got to deal with the long-term deficit issue. there is no doubt about it. but if you don't get revenues up, you don't get people back to work, you're not going to have the revenues you need to have long-term deficit reduction. >> the cbo director may provide more clarity in what he was trying to say yesterday. he'll be up on capitol hill before the house committee, your committee at 10:00 a.m. live coverage on c-span 3 this morning. dorothy is a democrat in kansas city, missouri....
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Dec 19, 2012
12/12
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CURRENT
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. >> social security has nothing to do with the deficit. social security is totally funded by the payroll tax levied on employer and employee. >> i wish president obama would listen to that guy. they're including it in deficit reduction talks anyway, and now we've got word that they might be cutting social security. stay with me. of course! but at the same time, remember all those promises, here's joe biden. he said: >> wrong again bob. then of course, there was harry reid, the leader of the democrats in the senate who said this: >> i'm going to do everything within my legislative powers to prevent privatizing or limiting social security. i simply say it's off the table. >> wrong again bob. apparently it's still on the table. associated press among others reporting that in fact the democratic led by president obama have offered significant social security cuts. how much are they? well it would cost $112 billion to do the cuts proposed. how much is that going to cost you? after 12 years what it will amount to is $1,272 less per year picked o
. >> social security has nothing to do with the deficit. social security is totally funded by the payroll tax levied on employer and employee. >> i wish president obama would listen to that guy. they're including it in deficit reduction talks anyway, and now we've got word that they might be cutting social security. stay with me. of course! but at the same time, remember all those promises, here's joe biden. he said: >> wrong again bob. then of course, there was harry reid,...
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Dec 30, 2012
12/12
by
WBAL
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biggest sticking points is should new leff new from tax increases be used to pay down the country's deficit or used to cover the cost of preventing sweeping government spending cuts? no ordinary sunday. arriving at the capitol, congressional leaders' every move and every word under scrutiny, as the country waits, weighing in from the white house, the president, who appeared on "meet the press," pushed republicans to give on taxes. >> i think it's been very hard for speaker boehner and republican leader mcconnell to accept the fact that taxes on the wealthiest americans should go up a little bit as part of an overall deficit reduction package. >> reporter: inside closed door negotiations this weekend, aipds say there have been "constructive move." on key issues like taxes, including compromise on where to set higher rates for wealthier americans and avoiding a jump in inheritance taxes. but this afternoon, republican leader mitch mcconnell complained that democrats had failed to deliver a promised counteroffer. so mcconnell called for help, phoning vice president biden who came to the white
biggest sticking points is should new leff new from tax increases be used to pay down the country's deficit or used to cover the cost of preventing sweeping government spending cuts? no ordinary sunday. arriving at the capitol, congressional leaders' every move and every word under scrutiny, as the country waits, weighing in from the white house, the president, who appeared on "meet the press," pushed republicans to give on taxes. >> i think it's been very hard for speaker...
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Dec 21, 2012
12/12
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it is balanced and a long term deficit reduction package. the republicans last night put it to the president and senator harry reid in the senate to negotiate a solution to this. we have been told be ready to come back into session after christmas and before the new year. certainly, someone is leaving some space for a solution whether that is going to be a partial one or a big one. i will say this. my district is 300 miles away from washington, d.c. there are few people between here and washington state who want congress to come back in two months to rehash this all over again. they want a deal now. numbers.'s look at the u and other democrats agreed to entitlement reforms, dealing with medicare and medicaid and social security. if democrats agree to that, with republicans agree to a tax increase? guest: you have to ask republicans that. i think -- frankly, i think there is enough room -- there are enough republicans to get a broader package deal done. but there may not be a majority in the republican party. that is their business. in privat
it is balanced and a long term deficit reduction package. the republicans last night put it to the president and senator harry reid in the senate to negotiate a solution to this. we have been told be ready to come back into session after christmas and before the new year. certainly, someone is leaving some space for a solution whether that is going to be a partial one or a big one. i will say this. my district is 300 miles away from washington, d.c. there are few people between here and...